• Problems of Cross Border Listing and the Way Forward
    Background Paper: Obstacles to cross-border listings and acquisitions in the financial sector A. Purpose of the paper In September 2004, the informal Ecofin Council in Scheveningen discussed the issue of lagging crossborder consolidation1 in the banking area. This low level of cross-border...
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  • About Ipo
    has emerged as a popular cross-border IPO funding centre for smaller Mainland and HK enterprises in recent years NYSE has been lowering its listing requirements to attract more Greater China issuers Shanghai has been attracting an increasing number of Mainland issuers away from HK Policy changes...
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  • Impacts of Financial Liberalization and Innovations in the Financial Globalization- Cross-Border Listing and Carry-Trade
    view of the financial globalization, Carry-trades and cross-border listings will be emphasized. The impacts of financial deregulation on financial globalization After the World War II, most of countries were interested in a new era without previous international challenges. The Bretton woods...
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  • Aes Cost of Capital
    International Capital Structure and the Cost of Capital Agenda 1 2 3 4 5 International Capital Structure and the Cost of Capital Analyzing Cost of Capital among Countries Cross Border Listing of Stocks International Asset Pricing Model (IAPM) The Financial Structure of Subsidiaries Case...
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  • Demutualisation
    obligations. (c) processes to require ASIC to act as the listing authority for ASX (the role that ASX plays in relation to all other listed entities). These provisions © Australian Securities and Investments Commission, April 2002 5 Market Demutualisation and Cross Border Alliances: The...
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  • Impact of Cross Listing
    . Wang et al argue that the costs of cross listing may offset the benefits making it disadvantageous to cross list a firm’s shares in foreign capital markets.Choinard et al(2004) also argue that cross listing, as much as offers many advantages for listing firms, has several costs related to enhanced...
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  • BAOSTEEL negotiating a cross-shareholder alliance
    Doing business internationally and globally, Seminar 2. 1. What is the strategic position of Baosteel and what are its motives for negotiating a three-way cross border, cross-shareholding alliance? Strategic position of Baosteel: Leadership and competitive position. Baosteel is the...
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  • Global Deposoitory Receipts
    opting to use GDRs as the preferred instrument for cross-border investment, a stock exchange is able to import leading edge shareholder administration and servicing on a scale that domestic providers may not be in a position to deliver to investors buying foreign securities. This is the principle...
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  • Us Venture
    Shanghai have served as cross-border incubators for early stage companies focused on bringing US technology to Chinese markets and vice versa. These projects are an early indication that venture capital partnerships between the United States and China will be the future driver for increased capital...
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  • Advantages of International Harmonization
    uniform accounting standards. This has been necessitated by of the spectacular growth in the number and size of multinational companies, foreign investments and cross-border listings on the stock exchanges. Comparability To improve the comparability against domestic and international peers...
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  • Mat on Sgx and Asx
    . 2010. Cross border mergers and value creation in the exchange industry: the case of diversified conglomeral exchanges Italy: University of Udine. MCAFEE 2002. Competitive Solutions, Princeton. MCANDREWS, J. S., CHRIS 2002. The consolidation of European stock exchanges. Current Issues in...
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  • Globalisation of the Securities Market
    cross-border and cross exchange securities transactions; 2. the number of secondary listings of companies on overseas exchanges; 3. the emergence of multinational securities firms servicing the business from offices across the world; and 4. the increasing number of strategic alliances and other...
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  • Asx and Sgx Merger Disadvantages
    Australian market. Australia is underperforming as a regional financial services hub despite well documented advantages, including our skilled and mobile workforce, political stability, sound legal and regulatory framework, and the Australian lifestyle. Australia has developed only limited cross-border...
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  • Nantoy the Hero
    companies to unite and merge under one name so that they were not competitors anymore and technically not price fixing. [edit] Cross-border M&A In a study conducted in 2000 by Lehman Brothers, it was found that, on average, large M&A deals cause the domestic currency of the target corporation to...
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  • Ebays Blobal Expansion
    international acquisition can help achieve competitive advantage by developing new better website before competitors and thus boost customer base. By cross-border acquisition, company gains established customers and achieve certain position in niche market. Acquisition ensures fuel transfer of local...
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  • Culture and Strategy (Management)
    lights, taps and computers. There were prizes for the store or office that saved most electricity. Cross-border mergers French and British companies approach business in different ways – strongly shaped by the different national cultures. This can be an important impediment to successful...
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  • Does the Bonding Hypothesis Hold for Singapore
    order to raise more and cheaper capital. For instance, firms cross-listing on the US market voluntarily raises their corporate governance standards, which enables them to raise more external finance, both at home and abroad. An additional advantage of cross-listing is that, in the case of stocks...
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  • Stock Management
    size of multinational corporation, foreign direct investment, cross-border purchases and sales of securities, as well as the number of foreign securities listing on the stock exchanges. However, because of the social, economic, legal and cultural differences among countries, the accounting standards...
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  • Finance
    barriers to investing in the stock for U.S. investors. The second explanation is that cross-listing in the U.S. improves a firm's ability to take advantage of its growth opportunities by enhancing the protection of minority shareholders and, thus, making it easier for the firm to access external...
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  • Determinants of Mergers & Aquistions
    cross-border acquisitions: an empirical analysis of foreign acquisitions of U.S. firms. Strategic Management Journal 23 (10), 921–940. Goto, S., Watanabe, M., Xu, Y., 2009. Strategic disclosure and stock returns: theory and evidence from US cross-Listing. Review of Financial Studies 22 (4), 1585...
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